- ECB's Schnabel: If risks materialize, hikes may be needed eventually
Market news
6 tháng 10 2023
ECB's Schnabel: If risks materialize, hikes may be needed eventually
European Central Bank (ECB) executive board member, Isabel Schnabel, is making some comments on the central bank’s interest rate outlook on Friday.
Schnabel said that “if risks materialize, hikes may be needed eventually.”
“We cannot rule out a recession, though we don't see a deep slump,” the ECB policymaker added.
Market reaction
EUR/USD remains sidelined near 1.0550, down 0.15% on the day.
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